Technology

In the latest Interactive Financial Adviser debate, our panelists from Ascentric and Worldwide Financial Planning discussed corporate platforms and wraps.

Legal & General Savings has appointed former head of Standard Life Savings Geoff Towers as MD platforms and distribution as the firm focuses on its RDR business transition strategy.

Swansea-based Estate Capital Financial Management has become the latest firm to join IFA-controlled wrap Nucleus.

Societe Generale Private Banking (SGPB) Hambros has launched a new platform for intermediaries offering investment and private banking support for high net worth clients.

SEI has added its suite of strategic portfolios to Ascentric in an expansion of its investment offering to the IFA market.

Towry CEO Andrew Fisher says the platform market is over-crowded with too many players lacking scale and predicts only a "few winners" will emerge from a wave of consolidation.

The FSA has fired a warning shot to firms failing to conduct adequate platform risk management arrangements when changing business models.

New FSA consumer redress powers could have "catastrophic" implications for advisers who have not conducted proper platforms due diligence, warns Capita Financial Software.

Services provider threesixty has launched a new web-based application for smartphones to support IFAs.

A website offering generic financial advice to consumers for an annual fee of £49 has been launched.